COMPANY REPORT: INTERNATIONAL BREWERIES PLC.

Results Announcement International Breweries Plc. Lagos, Nigeria 1 July 2019 Unaudited Results for the 3 months ended 31 March 2019 Current Year Prior Year January – March 2019 January – March 2018 (3 Months period ended) (3 Months period ended)

31 March 2019                              31 March 2018

N’000                              N’000

Revenue:                                    35,096,776                        25,966,146

Costs of Sales:                         (22,609,442)                      (15,857,220)

(Loss)/Profit before Tax:     (5,317,883)                          (2,557,022)

Taxation: Current tax expense: (83,207)                         (135,010)

Deferred tax:                              1,413,407                            451,695

(Loss)/Profit after Tax:            (3,987,684)                        (2,240,337)

Earnings Per Share (K) Basic: (46)                                             26

Earnings per Share (k) Diluted: (46)                                          26

Proposed Dividend:                       NIL                                          NIL